Crown Holdings, Inc. $CCK Stock Holdings Lifted by Mount Capital Ltd

Mount Capital Ltd lifted its position in Crown Holdings, Inc. (NYSE:CCKFree Report) by 11.8% in the 3rd quarter, Holdings Channel reports. The fund owned 309,600 shares of the industrial products company’s stock after buying an additional 32,700 shares during the period. Crown makes up approximately 10.7% of Mount Capital Ltd’s investment portfolio, making the stock its 4th biggest holding. Mount Capital Ltd’s holdings in Crown were worth $29,904,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CCK. Royal Bank of Canada grew its position in Crown by 24.1% during the 1st quarter. Royal Bank of Canada now owns 48,920 shares of the industrial products company’s stock worth $4,367,000 after purchasing an additional 9,497 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Crown by 39.4% in the first quarter. Integrated Wealth Concepts LLC now owns 4,109 shares of the industrial products company’s stock valued at $367,000 after purchasing an additional 1,161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Crown in the first quarter worth $111,000. NewEdge Advisors LLC boosted its position in shares of Crown by 6.3% in the first quarter. NewEdge Advisors LLC now owns 5,917 shares of the industrial products company’s stock worth $528,000 after buying an additional 351 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Crown by 23.7% during the first quarter. Goldman Sachs Group Inc. now owns 666,262 shares of the industrial products company’s stock valued at $59,471,000 after buying an additional 127,737 shares in the last quarter. Institutional investors and hedge funds own 90.93% of the company’s stock.

Crown Price Performance

CCK opened at $105.13 on Friday. The stock has a fifty day moving average price of $108.22 and a 200 day moving average price of $101.08. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 1.55. Crown Holdings, Inc. has a 1 year low of $75.98 and a 1 year high of $116.62. The stock has a market cap of $11.90 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 1.22 and a beta of 0.70.

Crown (NYSE:CCKGet Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.05. Crown had a return on equity of 26.68% and a net margin of 5.97%.The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the firm posted $1.59 EPS. The business’s revenue was up 7.7% compared to the same quarter last year. Crown has set its FY 2026 guidance at 7.900-8.300 EPS and its Q1 2026 guidance at 1.700-1.800 EPS. Analysts forecast that Crown Holdings, Inc. will post 6.96 EPS for the current fiscal year.

Crown Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a $0.35 dividend. This is an increase from Crown’s previous quarterly dividend of $0.26. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, March 17th. Crown’s dividend payout ratio is currently 21.98%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CCK shares. Morgan Stanley reissued an “overweight” rating on shares of Crown in a research note on Friday, February 6th. Wall Street Zen raised Crown from a “hold” rating to a “buy” rating in a research note on Tuesday, March 3rd. Mizuho upped their target price on Crown from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Wolfe Research set a $115.00 price target on shares of Crown in a research report on Friday, February 6th. Finally, Truist Financial reaffirmed a “buy” rating and set a $135.00 price objective (up from $130.00) on shares of Crown in a research report on Friday, February 6th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Crown presently has a consensus rating of “Moderate Buy” and an average price target of $125.86.

Read Our Latest Stock Report on Crown

Insider Activity at Crown

In other news, COO Djalma Novaes, Jr. sold 29,734 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $114.80, for a total transaction of $3,413,463.20. Following the transaction, the chief operating officer owned 88,052 shares in the company, valued at $10,108,369.60. This represents a 25.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Timothy J. Donahue sold 29,024 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $105.00, for a total transaction of $3,047,520.00. Following the transaction, the chief executive officer owned 411,556 shares in the company, valued at $43,213,380. This represents a 6.59% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 101,988 shares of company stock worth $10,964,122. Insiders own 0.90% of the company’s stock.

Crown Profile

(Free Report)

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.

See Also

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Institutional Ownership by Quarter for Crown (NYSE:CCK)

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